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Deciding your career path is a crucial decision you might be making in the advent of your adulthood. We live in a fast-paced world, and with so many options available, you will often find yourself in a dilemmatic situation while deciding your jobs after MBA.
MBA is undoubtedly one of the best degrees that help in a career change, it opens the doors to Finance, Marketing, Human Resources, Operations, and many other opportunities.
Types of Jobs After MBA
An MBA, or Master of Business Administration, is a versatile degree that opens up a plethora of career avenues. As businesses evolve in an ever-changing economic landscape, the demand for skilled and knowledgeable professionals continues to rise. With an MBA, you can tap into diverse industries such as finance, marketing, consulting, technology, and healthcare, among others.
Let's explore the vast sea of opportunities that an MBA jobs in abroad degree can bring. Whether you are a number-crunching enthusiast, a marketing maestro, an innovative thinker, or an aspiring entrepreneur, an MBA degree arms you with the analytical, managerial, and leadership skills required to thrive in the competitive corporate world. Underneath are the MBA jobs in abroad with salaries from Payscale and Glassdoor:
1. Marketing Manager
As the name suggests, a marketing manager is a person who manages the market outreach of the company. A marketing manager is responsible for the implementation of services or the delivery of a product in the market.
Marketing managers are creative individuals who look after the panned and unplanned reputation of the company in the market. Planned images may include print or video advertisements, public speaking engagements, endorsements, and printed literature.
Average Salary - $70,648.
2. Management Consultant
A management consultant is a person who helps organizations or companies to improve their performance by carefully analyzing the existing problems and developing ways to solve them in and provide the organization with better efficiency.
A management consultant needs to be strategic, calm, and operational when it comes to working. He should be a specialist in his field and should be solution-oriented. So, if you’re someone who has a knack for solving problems and managing people in a crisis, along with stellar communication skills.
Average Salary - $92,827.
3. Investment Banker
Business audits using a calculator financial data investment fund at a workplace, wealth concept. An investment banker is a person who works closely with a financial institution and is responsible for raising capital for governments, organizations, or other entities he is associated with.
Being an investment banker, you get to work with renowned firms like Goldman Sachs (GS), Morgan Stanley (MS), JPMorgan Chase (JPM), Bank of America Merrill Lynch (BAC), and Deutsche Bank (DB).
Average Salary - $100,000.
4. Business Analyst
A business analyst is an individual who analyses and understands the needs of a business domain or an organization and aims to deliver technological solutions involving computer processes in a cost-effective way.
The jobs after MBA role of a business analyst includes assisting with the business case, planning, and monitoring, enlisting requirements, translating and simplifying requirements, management and communication, and requirement analysis.
Average Salary - $82,679
5. Financial Advisor
Financial advisors are professionals who suggest and render financial advice to their clients based on a situation. A financial advisor is often considered to be a planner, educator, or partner for all your money matters.
A financial advisor is one who helps you invest in the right place and help you reach your goal. He is the torchbearer for your investments and provides you with advice on your long-term goals. They are individuals with expertise in their area, who are accountable for the situation, know how to evolve, and believe in taking action.
Average Salary - $90,530.
6. Administrative managers
An Administrative Manager is a person who ensures the smooth administration of a business and makes sure to run it in an organized way. He is responsible for supporting operations by supervising staff, and planning, organizing, and implementing administrative systems.
The roles in MBA jobs in abroad of an administrative manager involves maintaining administrative staff and keeping a record of their performances along with the accomplishment of results.
The skillset for an administrative manager includes Tracking Budget Expenses, Staffing, Quality Management, Managing Processes, Organization, Coaching, Communication Processes, Disciplining Employees, Motivating Others, Promoting Process Improvement, and Reporting making.
Average Salary - $86,683.
7. Human Resource Manager
A Human Resource Manager is a professional jobs after MBA role that strategizes the effective management of people or employees in an organization. Human resource (HR) managers are typically involved with recruitment, training, career development, compensation and benefits, employee relations, industrial relations, employment law, compliance, disciplinary and grievance issues, redundancies, etc.
An HR Manager is a requisite of any large organization having a professional setting. They include banks, insurance companies, hospitals, universities, institutes of technology, etc.
Average Salary - $61,000.
8. Product Manager
A product manager role involves the handling and development of new products for a particular organization or company. As a product manager, you will be responsible for creating business strategies and also looking after the functional requirements needed in the development of a physical or virtual product.
The role spans many activities, from strategic to tactical, and provides important cross-functional leadership - most notably between engineering, marketing, sales, and support teams.A product manager's role is crucial to an organization as the success of the business might depend upon the efficacy of the product in the market. Thus, it starts with a strong product manager who feels a deep sense of responsibility for their role and managing what is defined above.
Average Salary - $93,356.
9. Operations Manager
An operations manager is concerned with the management of designing and controlling the process of production and redesigning business operations in the production of goods or services. He is the one responsible for ensuring the smooth and efficient working of businesses in terms of resources and customer requirements,
An operation manager is likely to work in settings like banking systems, hospitals, and companies, working with suppliers, customers, and technology. Operations are one of the major functions in an organization, along with supply chains, marketing, finance, and human resources.
Average Salary - $95,284.
10. IT Managers
An IT manager or Information technology manager is an individual who is responsible for the implementation and maintenance of a company’s technological infrastructure. As businesses are heavily reliant on technology nowadays, an IT manager’s jobs after MBA roles revolve around developing and advising organizations with technological solutions and handling glitches arising in the computer processes.
An IT manager should possess skills like team management, decision-making, communication, strategic thinking, goal-oriented, adaptive, and should be good at negotiating. The salary, according to Glassdoor, can be looked while looking for salaries.
Average Salary - $145,740
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| Job Roles | Salary |
| Marketing Manager | $70,648 |
| Management Consultant | $92,827 |
| Investment Banker | $100,000 |
| Business Analyst | $82,679 |
| Financial Advisor | $90,530 |
| Administrative managers | $86,683 |
| Human Resource Manager | $61,000 |
| Product Manager | $93,356 |
| Operations Manager | $95,284 |
| IT Managers | $145,740 |
What is the Purpose of Pursuing an MBA?
Is MBA worth it? The main reason to pursue an MBA is to teach students how to manage a company in every way possible and train qualified executives who have a global vision for the business. There are several MBA programs which are offered and which results in different types of jobs. If we breakdown the MBA jobs in abroad course into segments, it is divided into three categories:
- Analytical: business economics, accounting, researching operations, economic policy, behavior in organizations, quantitative analysis, and statistics.
- Functional: human resources management, financial management, management of operations, and marketing management.
- Ethical: business ethics, social and corporate responsibility.
Lastly, a Master’s degree like this provides a great opportunity to meet and network with a lot of people in the business environment. There are different kinds of salary after MBA in abroad with many ranges. These contacts can be helpful during your professional career as well. Here are the top 5 MBA specializations with different salary packages and career opportunities:
MBA in Finance
This degree provides tremendous opportunities in the financial services, banking, and insurance sector. Financial Management focuses on managing, planning, and regulating the financial assets/resources of any industry. After completing MBA in Finance, one can find MBA jobs in abroad in these sectors:
- Asset Management
- Hedge Fund Management
- Corporate Finance
- Corporate Banking
- Private Equity
- Treasury
- Credit Risk Management
- Sales and Trading
JP Morgan, Goldman Sachs, Morgan Stanley, and Merrill Lynch are some of the top recruiters who hire candidates who have completed their Masters in Finance degree.
MBA in Business Analytics
MBA teaches how to use different analytical tools (like explanatory and predictive modeling, statistical and quantitative analysis, data visualization, etc.) to gather data and analyze market trends, customer behavior, and other matters related to business intelligence. Graduates with this degree can find jobs after MBA in Business Analytics sectors like:
- Financial Institutions
- E-Commerce
- Information Technology
The top organizations that recruit business analytics professionals are Capgemini, Accenture, Boston Consulting Group, Wipro, Amazon, etc.
MBA in Human Resource Management
This degree teaches you the right skills on how the best industry practices and knowledge on how to handle human resources in ways that guarantee optimum benefits. Lately, the jobs after MBA of an HR has increased across all parallels of the industry. Hence, Masters in Human Resource Management can find plenty of job opportunities in the:
- IT organizations
- Retail companies
- Advertising firms
- Media houses
- Law firms
- Newspapers
MBA in Marketing
The MBA in Marketing focuses on the management aspect of the business. MBA in Marketing Management focuses on the marketing aspect of a business. The key goal is to teach students about brand marketing, sales, different marketing channels & techniques, executive and leadership management skills, product management, market research, and consumer behavior, to name a few.
After completing an MBA in Marketing Management, one can find a jobs after MBA in the following sectors –
- Competitive Marketing
- Business Marketing
- Online Marketing
- Analytical Marketing
- Customer Relationship Marketing
- Advertising Management
- Product and Brand Management
- Retailing Management
Marketing Management professionals can find jobs after MBA opportunities in Advertising Agencies, Marketing Companies, FMCG sectors, Financial Services, IT, etc. Though Marketing as a function is required in almost every organization, and here are a few prime recruiting companies in India for marketing functions – Accenture, Amazon, Capgemini, Indusind Bank, Ing Vysya Bank, India Infoline, etc.
MBA Jobs Around the Globe
The world is brimming with opportunities for MBA graduates. With a highly valued degree in hand, you can unlock the doors to prestigious positions in top companies across the globe. Let's explore the landscape of jobs after MBA in different countries. The cost of MBA abroad reaps the MBA ROI.
MBA Jobs in the USA
The United States is home to some of the world's most renowned corporations and offers a plethora of opportunities for MBA graduates. The diversity in industries, from technology to finance, makes it a goldmine for career growth.
| Management Consulting | Firms like McKinsey, Bain & Company, and Boston Consulting Group look for sharp minds to analyze and solve complex business problems. |
| Investment Banking | Be a part of the fast-paced world of Wall Street by joining investment banks such as Goldman Sachs or JP Morgan. |
| Technology Management | With giants like Google, Amazon, and Apple, tech management is a lucrative path for MBA graduates. |
| Entrepreneurship | The USA is known for its startup culture. Use your MBA skills to launch or manage a successful business venture. |
MBA Jobs in the UK
The United Kingdom, with its rich history and modern innovation, offers a balanced mix of traditional and new-age MBA jobs in abroad for grads.
| Financial Services | London, being a financial hub, has ample opportunities in banking, asset management, and hedge funds. |
| Marketing Management | Work with leading ad agencies or in-house marketing departments in consumer goods companies. |
| Business Analytics | Help companies make data-driven decisions by analyzing trends and market demands. |
| Sustainability and Corporate Responsibility | With increasing awareness about social responsibility, there is a rising demand for professionals in this sector. |
MBA Jobs in Canada
Canada is known for its high standard of living, diversity, and booming industries.
| Product Management | Canadian tech companies like Shopify are always looking for product managers to steer their products in the right direction. |
| Healthcare Administration | Manage healthcare services efficiently in a country known for its excellent healthcare system. |
| Supply Chain Management | Play a critical role in the logistics and operations of Canada's vast exports industry. |
| Real Estate Management | With a booming real estate market, MBA grads can find MBA jobs in abroad in feilds of development, sales, and property management. |
MBA Jobs in Germany
Germany is Europe’s largest economy and offers a wealth of opportunities for MBA graduates looking for MBA jobs in abroad. With its strong business landscape and international connections, Germany has become an attractive destination for those seeking to enhance their careers on a global scale.
| Automotive Industry Management | Be a part of world-renowned automotive giants like BMW and Volkswagen. |
| Industrial Management | Manage operations and supply chains in Germany’s thriving manufacturing sector. |
| International Business | Utilize your MBA skills in companies that have a vast global reach. |
| Innovation Management | Lead and manage R&D and innovation processes in one of the world's most technologically advanced countries. |
MBA Jobs in Australia
With its vibrant economy and high standard of living, Australia is an appealing destination for MBA graduates.
| Mining and Resources Management | Manage operations and sustainability in Australia’s lucrative mining sector. |
| Tourism and Hospitality Management | Utilize your MBA to boost the tourism industry, one of Australia’s major economic contributors. |
| Agribusiness Management | With a strong agricultural sector, there are plenty of opportunities in the supply chain, export, and trade. |
| Education Management | Contribute to Australia’s thriving education sector by managing institutions or education-related businesses. |
Conclusion
Pursuing an MBA degree opens a treasure trove of job opportunities and invariably provides a substantial hike in pay. While one must exercise caution and thoughtfulness in deciding their career path, earning an MBA degree is often a safe and rewarding step for long-term career prospects.
A common thread among MBA graduates is the managerial role they assume across various fields, but it is imperative to conduct thorough research to pinpoint the domain that resonates with one’s passions and skills.
